Property Description

An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.

Features
: Electric
: Wall/window Unit(s)
: Parking Space(s)
Address Map
IA
Jones
Monticello
52310
Ridge View
715
Road
0
W92° 48' 52.2''
N42° 13' 48.3''
Heading north on Highway 151 from Cedar Rapids, take exit 63 for US-151 BUS/Amber Rd. Turn left onto US-151 BUS N/S Main St for 1.1 miles.
MLS Addon
LEPIC-KROEGER, REALTORS
Matthew Lepic
$0
0 Sqft
$0
$0
$0
$0
Full
0 Sqft
0
34
Monticello
River
Monticello
lepicmatthew121
CLKCR
IRR
Monticello
Active
0227303021
: Public Sewer
0
Click here

Iowa Home For Sale

715 Ridge View Road, Monticello, Iowa 52310

7,874 Sqft
$1,025,000
Listing ID #2401760
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2401760
Price : $1,025,000
Square Footage : 7,874 Sqft
Year Built : 1972
Lot Area : 1.30 Acre
Property Sub Type : Multi Family
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent